High bond fees worry car importers

HIGH warehouse charges on imported cars at the Uganda Revenue Authority-controlled customs bonded warehouses is worrying importers, who keep cars at the warehouses as they wait for registration.

HIGH warehouse charges on imported cars at the Uganda Revenue Authority-controlled customs bonded warehouses is worrying importers, who keep cars at the warehouses as they wait for registration.

Dabru Bogere, a city car importer, said one pays between sh4,000 and sh6,000 per day for a Saloon car and up to sh15,000 for heavy trucks. This has forced some importers to sell cars on credit.

The bond managers attributed the hike to high cost of operations.